Blackstone Inc.

Blackstone Inc.
Company typePublic
IndustryFinancial services
Founded1985 (1985)
Founders
Headquarters345 Park Avenue (New York City, U.S.)
Key people
Products
RevenueDecrease US$8.02 billion (2023)
Decrease US$2.44 billion (2023)
AUMIncrease US$1.04 trillion (2023)
Total assetsDecrease US$40.3 billion (2023)
Total equityDecrease US$6.82 billion (2023)
Number of employees
4,735 (2023)
SubsidiariesBlackstone Credit
Websiteblackstone.com
Footnotes / references
[1]

Blackstone Inc. is an American alternative investment management company based in New York City. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate. Blackstone is also active in credit, infrastructure, hedge funds, insurance, secondaries, and growth equity. As of June 2023, the company's total assets under management were approximately US$1 trillion, making it the largest alternative investment firm globally.[2]

Blackstone was founded in 1985 as a mergers and acquisitions firm by Peter G. Peterson and Stephen A. Schwarzman, who had previously worked together at Lehman Brothers.

  1. ^ "Blackstone Inc. 2023 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. February 23, 2024.
  2. ^ de la Merced, Michael J. (July 20, 2023). "Blackstone Becomes First $1 Trillion Private Equity Manager". The New York Times.

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